This week, we highlight a compelling study released by the Peterson Institute for International Economics and the audit firm Ernst & Young entitled "Is Gender Diversity Profitable? Evidence from a Global Survey." Surveying nearly 22,000 publicly traded companies in 91 countries, the study concludes that having more women in top management positions correlates with increased profitability. Furthermore, the causes of gender diversity in executive ranks do not revolve around quotas, but rather include broader factors such as girls' education, nondiscrimination and paternal leave policies.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.